Yesterday, Bitcoin once again dipped to refresh the short-term new low, with the lowest point reaching the 776 area. The bullish market has continued to face pressure and setbacks, while the bears, in line with the move, have once again cut profits. Trading is all about trends; only by following the trend can you earn steady profits.

In terms of the market picture, after yesterday’s low and a modest rebound, it met resistance and stalled at the 783 level. The rebound momentum is extremely weak. Currently, Bitcoin is consolidating in a narrow range around 782. The four-hour timeframe shows even more clearly: after repeated attempts to push higher were met with resistance, the overall trend has turned broadly weaker. The bears’ pattern firmly holds the market, and there are no effective signs of a rebound improving. In terms of execution, you only need to stick to the trend-following approach.

Intraday trading reference: build short positions in batches within the 785 and 790 range, with targets looking down to the 770—760 profit range. $BTC ‌#比特币V型反转